Ignite Specialty Risk has established an Australian operation, appointing Lucinda Stormont-Sainsbury as head of Australian operations.
In a statement, Ignite said the expansion follows a period of “sustained” international growth.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The company provides litigation risk, tax liability and contingent risk insurance solutions across the UK, Europe and the US.
Stormont-Sainsbury brings 15 years of experience spanning underwriting, claims, private practice and in-house insurance law roles.
Most recently, she served as senior legal counsel at HDI Global, advising its branches across Australia, Dubai, Hong Kong, Malaysia, New Zealand and Singapore.
Stormont-Sainsbury said: “This is an exciting opportunity to join a business with ambitious leadership, a clear vision and a specialist proposition that is well suited to the Australian market.
“Ignite has made a clear commitment to establishing a long-term presence in Australia, and I am looking forward to building strong relationships across the broker and legal communities as we develop the business.”
Stormont-Sainsbury will be based in Sydney.
Ignite chief underwriting officer David Green said: “Australia is an important strategic market for Ignite and establishing our Australian operations marks a significant milestone in our international growth. We are making a long-term commitment to the market by investing in local leadership and building strong relationships with brokers, legal advisers and strategic partners.
“We see strong demand for our proven expertise and product suite, and we are committed to supporting the market with the expertise and service that have underpinned our success internationally.”
